Overview

What is Qompass

Qompass implements its own blockchain solution, which has the following characteristics:

It can support 30000+ transactions per second

It is self-aware (supported by artificial intelligence)

It is fully customizable and scalable

It has a cross chain smart contract support

It uses a secured explorer

It is built to support financial transactions and high frequency trading

The primary function of Qompasss nodes is to execute contracts and to verify their state. Instead of following the traditional techniques of mining new blocks, in the Qompass platform the permission required for the creation of new blocks is at default and comes as a licensed node. State changes can occur at any time, which is verified by trusted actors, and a general consensus. Any contract can perform actions synchronously without affecting or blocking other contracts, which is owed to the fact that every contract maintains its own separate chain of state. The collective changes of state form a directed cyclical graph which makes up the blockchain.

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